In this podcast series we take a look at some of the current legal trends in the marketplace and cover them in five questions for our audience. This edition takes a look at the current climate for co-investment in private equity. Pepper recently commissioned Mergermarket to interview 50 private equity executives from across the United States that have co-invested with an institutional investor within the previous three years.
Joining us for this podcast is Bruce K. Fenton, partner and head of the firm’s Investment Funds Industry Group and Private Equity Practice and Julia D. Corelli, partner and head of the Funds Services practice in addition to being co-chair of the Commercial Department.
The topics covered are: why are private equity groups relying more on co-investments; what are some of the regulatory concerns that PE firms should have with co-investments; what are the benefits of co-investments; based on the study results, what were the deal terms most often included in co-investment transactions and why; and what are some best practices for handling the administration of LP co-investment.
Click here to hear the audio.